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Viper Energy (FRA:ZT0) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Viper Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Viper Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Viper Energy's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Viper Energy Cyclically Adjusted Price-to-FCF Chart

Viper Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Viper Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Viper Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Viper Energy's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Viper Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Viper Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Viper Energy's Cyclically Adjusted Price-to-FCF falls into.



Viper Energy Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Viper Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Viper Energy's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.994/131.7762*131.7762
=0.994

Current CPI (Mar. 2024) = 131.7762.

Viper Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.088 100.560 0.115
201409 -0.423 100.428 -0.555
201412 0.218 99.070 0.290
201503 0.169 99.621 0.224
201506 0.175 100.684 0.229
201509 0.177 100.392 0.232
201512 0.206 99.792 0.272
201603 0.155 100.470 0.203
201606 0.054 101.688 0.070
201609 -1.152 101.861 -1.490
201612 -0.495 101.863 -0.640
201703 0.172 102.862 0.220
201706 -0.717 103.349 -0.914
201709 -1.108 104.136 -1.402
201712 0.016 104.011 0.020
201803 -0.717 105.290 -0.897
201806 -0.467 106.317 -0.579
201809 -3.346 106.507 -4.140
201812 -0.697 105.998 -0.867
201903 -0.566 107.251 -0.695
201906 0.169 108.070 0.206
201909 -1.912 108.329 -2.326
201912 -1.880 108.420 -2.285
202003 0.420 108.902 0.508
202006 0.250 108.767 0.303
202009 0.352 109.815 0.422
202012 0.638 109.897 0.765
202103 0.702 111.754 0.828
202106 0.951 114.631 1.093
202109 0.848 115.734 0.966
202112 -1.868 117.630 -2.093
202203 1.597 121.301 1.735
202206 2.003 125.017 2.111
202209 2.345 125.227 2.468
202212 2.056 125.222 2.164
202303 -0.120 127.348 -0.124
202306 1.754 128.729 1.796
202309 2.492 129.860 2.529
202312 -6.608 129.419 -6.728
202403 0.994 131.776 0.994

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Viper Energy  (FRA:ZT0) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Viper Energy Cyclically Adjusted Price-to-FCF Related Terms

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Viper Energy (FRA:ZT0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Viper Energy Inc (FRA:ZT0) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
500 West Texas, Suite 1200, Midland, TX, USA, 79701
Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.

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